Trump On Lying About Net Worth: ‘I’m No Different Than A Politician’

video

by Frances Martel | 9:28 pm, April 21st, 2011

» 51 comments

The Donald Trump 2012 pseudo-campaign is deeply rooted in two main points: “Barack Obama wasn’t born in America,” and “I’m really, really rich.” The first point has been loud and preposterous enough to take up most of the media’s time since Trump parachuted onto the political scene; tonight, Eliot Spitzer took a shot at his other campaign issue, finding millions of dollars in discrepancies between the size of Trump’s wallet and what’s actually in it.

Spitzer, no stranger to taking on New York’s more affluent residents, sat down with legal analyst Jeffrey Toobin on his show In the Arena today to make some sense of Trump’s financial situation as described by Trump. Toobin did not find any particular legal issues, but many political ones in “puffing up his net worth”: “the issue is, ‘is he telling the truth about how much money he actually has?’ and this certainly seems like a problematic valuation.”

The numbers Spitzer managed to dig up were damning: he valued his golf course complex at $360 million– about $330 more than it was worth three years prior– based on real estate that did not exist on the property, nor was in the process of being created. In fact, the number came from a 75-mansion complex that, currently, only existed in the form of six of those proposed mansions, three of which were sold. His million dollar speaking fees? Actually something more like $400,000, though Trump counted $600,000 in advertising as part of the package. As Spitzer put it, “still not a bad paycheck, but not a million bucks.”

And then there is Trump’s net worth which, according to Trump, appears to be somewhere around $3.5 billion dollars. In attempting to acquire loans, two banks did their own valuations and found wildly disparate numbers– North Folk Bank valuing him at $1.2 billion, and Deutsche Bank putting that number somewhere around $788 million. The accounting in the rest of Trump world showed a similar pattern.

But more damning than his numbers are Trump’s own words about how he arrived at them. Citing a legal deposition where he was asked whether he had exaggerated his net worth, Trump says, “I’m no different than a politician running for office… you don’t want to say negative things,” later adding, “I think everyone does.”

One of Trump’s biggest selling points to the cynical voting populace that will define the 2012 elections is that he’s “not a politician,” but businessman. Listening to himself say he is no different than politicians, in any capacity, is a self-induced wound that could bleed all the way to the closing of 2011.

The segment via CNN below:

CNN, deposition, Donald Trump, eliot spitzer, in the arena, Jeffrey Toobin, net worth

http://www.zazzle.com/talkingpoints NORBIT Jr.

President takes office …………….. Gas @ $1.83 gal.

Today………………………………………………. @ $3.95 gal.

CAN YOU AFFORD FOUR MORE YEARS?

Hey GOP Dimwits, THAT’S A COMMERCIAL!!!!!!!!!!!!!!!!!!!!!!

————————————————————————————–

THE DONALD will save us!
The Lantern of Truth

Why does Obama have Jean Paul Ludwig’s SS # ?

Look it up .
felixw

Let me educate you folks on Donald Trump. Trump has a long history of trying to exaggerate his wealth. This is widely known, and we don’t need “investigative reporting” from Eliot Spitzer to find it out. Just do a Google search, for heaven’s sake.. When Forbes runs its list of the richest people, he writes letters to the editor complaining that they put his net worth too low.

But the joke is on the liberal media, who would attack Trump either way. If he turns out to be more wealthy than people think, that will be used against him by the liberal press. And if he turns out to be less wealthy, they will spin that against him too. This is all part of the “Have you stopped beating your wife?” approach to conservative that the mainstream media practices 24/7.
http://www.zazzle.com/talkingpoints NORBIT Jr.

felixw said:
Let me educate you folks on Donald Trump. Trump has a long history of trying to exaggerate his wealth. This is widely known, and we don’t need “investigative reporting” from Eliot Spitzer to find it out. Just do a Google search, for heaven’s sake.. When Forbes runs its list of the richest people, he writes letters to the editor complaining that they put his net worth too low. But the joke is on the liberal media, who would attack Trump either way. If he turns out to be more wealthy than people think, that will be used against him by the liberal press. And if he turns out to be less wealthy, they will spin that against him too. This is all part of the “Have you stopped beating your wife?” approach to conservative that the mainstream media practices 24/7.

Who Cares…As long as he helps Dislodge Obama!!!
http://www.facebook.com/people/Bill-Adkins/1585417987 Bill Adkins

NORBIT Jr. said:
President takes office …………….. Gas @ $1.83 gal. Today………………………………………………. @ $3.95 gal. CAN YOU AFFORD FOUR MORE YEARS? Hey GOP Dimwits, THAT’S A COMMERCIAL!!!!!!!!!!!!!!!!!!!!!! ————————————————————————————– THE DONALD will save us!

Yeah — really loved the Bush/Republican method of bringing the price of gas down to $1.83 from its over $4 a gallon high only a year before – just crash the economy, drive the nation into a Great Recession, diminish business demand exponentially and there you have it! $1.83 gallon gasoline.

Sheesh! Truly Republicans and the Tea Party are to the economy what leeches and bleeding were to medical science.
Garth

Trump is a low life pos and a baggers wet dream.
mitchflorida

Eliot Spitzer is such a lizard.
cjd ohio 1

Bill Adkins said:
Yeah — really loved the Bush/Republican method of bringing the price of gas down to $1.83 from its over $4 a gallon high only a year before – just crash the economy, drive the nation into a Great Recession, diminish business demand exponentially and there you have it! $1.83 gallon gasoline. Sheesh! Truly Republicans and the Tea Party are to the economy what leeches and bleeding were to medical science.

and gas prices haven’t been below $2.00 in the 2000′s
grafxmail7

“EXCUSE ME!!! EXCUSE ME!!!”

“THE IS VERY POPULAR WITH THE REPUBLICANS AND LIKE TO BE LIED TO!!!

“EXCUSE ME!!! EXCUSE ME!!!”

“I’M JUST TELLING THESE IDIOTS WHAT THEY WANT TO HEAR AND I’M LEADING THE POLES!!!”

“EXCUSE ME!!! EXCUSE ME!!!”

“I’M VERY VERY VERY RICH AND REPUBLICANS ARE STUPID AND WILL BELIEVE ME BECAUSE I AM!!!”

HILARIOUS!!!!
cjd ohio 1

grafxmail7 said:
“EXCUSE ME!!! EXCUSE ME!!!” “THE IS VERY POPULAR WITH THE REPUBLICANS AND LIKE TO BE LIED TO!!! “EXCUSE ME!!! EXCUSE ME!!!” “I’M JUST TELLING THESE IDIOTS WHAT THEY WANT TO HEAR AND I’M LEADING THE POLES!!!” “EXCUSE ME!!! EXCUSE ME!!!” “I’M VERY VERY VERY RICH AND REPUBLICANS ARE STUPID AND WILL BELIEVE ME BECAUSE I AM!!!” HILARIOUS!!!!

polls, idiot
felixw

NORBIT Jr. said:
Who Cares…As long as he helps Dislodge Obama!!!

He doesn’t and won’t. There’s a reason why the liberal press is giving Trump so much media attention. That should be pretty obvious by no, no?
grafxmail7

cjd ohio 1 said:
polls, idiot

HAHAHHAHAAHAH!!!

THERE WAS ANOTHER GRAMMATICAL ERROR YOU MISSED AS WELL, IDIOT!!!

CLOWN!! HAHAHAHAHAHA!!!
rubberneck

At least he doesn’t bang prostitutes….I think.
vindex2010

I guess it’s on between CNN and Politico because their sources say Trump’s net worth is more than $7 billion.

http://www.politico.com/news/stories/0411/53498.html
cjd ohio 1

grafxmail7 said:
“EXCUSE ME!!! EXCUSE ME!!!” “THE IS VERY POPULAR WITH THE REPUBLICANS AND LIKE TO BE LIED TO!!! “EXCUSE ME!!! EXCUSE ME!!!” “I’M JUST TELLING THESE IDIOTS WHAT THEY WANT TO HEAR AND I’M LEADING THE POLES!!!” “EXCUSE ME!!! EXCUSE ME!!!” “I’M VERY VERY VERY RICH AND REPUBLICANS ARE STUPID AND WILL BELIEVE ME BECAUSE I AM!!!” HILARIOUS!!!!

grafxmail7 said:
HAHAHHAHAAHAH!!! THERE WAS ANOTHER GRAMMATICAL ERROR YOU MISSED AS WELL, IDIOT!!! CLOWN!! HAHAHAHAHAHA!!!

no problem, but calling people idiots and you cant spell was funny
grafxmail7

cjd ohio 1 said:
no problem, but calling people idiots and you cant spell was funny

I’LL LEARN TO SPELL WHEN YOU LEARN TO PUNCTUATE!!!!

IDIOT!!! HAHAHAHAAHH!!!!!
http://www.facebook.com/people/Bill-Adkins/1585417987 Bill Adkins

rubberneck said:
At least he doesn’t bang prostitutes….I think.

Are you serious?
cjd ohio 1

grafxmail7 said:
I’LL LEARN TO SPELL WHEN YOU LEARN TO PUNCTUATE!!!! IDIOT!!! HAHAHAHAAHH!!!!!

lol
david r

Where is Soupy Sales when you need him? Ole Hairdo could use a pie in the face.
http://www.facebook.com/people/William-Keiser/1615650105 William Keiser

No Donny, you’re just an attention-loving village idiot who likes to jump in the parade with the rest of the clowns when the circus comes to town because it makes you feel important and keeps you circling the drain of fame for a bit longer.
TfT

Nobody watches client number nine,so it is no biggie. Probably got more viewers of the story by it being posted here on mediaite than the disgraced democrat governor gets on his show.

And so, the hit pieces on Trump start…..Obama skates again, while the liberal media press attack his opponents. So expected.
roxsteady

NORBIT Jr. said:
Who Cares…As long as he helps Dislodge Obama!!!

Sorry sweatheart but, Obama’s kicking Trumps ass in the polls by a 13 points! Prepare for 4 MORE YEARS! YEAH!
By the way if you’re interested in the kind of rubes and toothless banjo players who would vote for Trump, check out these yokels! I’m sure you’ll see yourselves or your family members in this video! Oh, and let’s cut the “Liberal Media” bullshit. They didn’t vote for Obama. We did and we’ll do it again. The so called Liberal Media are the same idiots who called Paul Ryan’s plan courageous until Obama pointed out it’s flaws and wiped the floor with Eddie Munster to his face! And you can stop trying to blame Obama for high gas prices. It’s the speculators on Wall Street and you’d know that if you pulled your head from your ass and checked out the facts.

http://crooksandliars.com/karoli/their-own-words-tea-partiers-talk-election-
damien

NORBIT Jr. said:
Who Cares…As long as he helps Dislodge Obama!!!

That’s the point. He’s not helping. As long as people are talking about birth certs Obama’s second term is Guaranteed.
damien

TfT said:
And so, the hit pieces on Trump start…..Obama skates again, while the liberal media press attack his opponents. So expected.

The hit pieces have been coming from the Conservative media as much as the Liberal. Conservatives, at least serious conservatives, know his brand of crazy doesn’t sell outside ‘the base’ and is ultimately damaging to Republicans.
eli

NORBIT Jr. said:
President takes office …………….. Gas @ $1.83 gal.

Today………………………………………………. @ $3.95 gal.

CAN YOU AFFORD FOUR MORE YEARS?

Hey GOP Dimwits, THAT’S A COMMERCIAL!!!!!!!!!!!!!!!!!!!!!!

————————————————————————————
YOU LITTLE OLD TEA PARTY HAG , GO TO YOUR MUMMY, WHAT ARE YOU DOING IN A LIBERAL BLOG. DID YOUR MUMMY CHASE YOU AWAY –

THE DONALD will save us!
eli

NORBIT Jr. said:
Who Cares…As long as he helps Dislodge Obama!!!

POOR OLD HAG
eli

rubberneck said:
At least he doesn’t bang prostitutes….I think.

NO HE DOESNT BANG PROSTITUE S ‘COS HE’S MARRIED TO A PLASTIC PROSTITUE ALREADY , FOR THE THIRD TIME? EWWW NOT SO CHRISTIAN IS HE NOW? WHAT ABOUT A EASTERN EUROPEAN PROSTITUE IN THE WHITE HOUSE , THE BIBLE THUMPING WILL BE HAPPY NOH?
eli

WHAT WILL HAPPENED TO CHRISTIAN TEA BAG RACISTS WHEN TRUMP’S WHORE WIFE LET HER BOOBS OUT IN THE WHITE HOUSE, WILL THEY GET WET? HAHAHAHAHAH
damien

Mr Eli, I think you should stop now.
eli

the thrice-married Trump said that if then-24-year-old Ivanka Trump were not his daughter, “perhaps I’d be dating her.”
eli

Trump and Berlusconi revel in all those things your mother said not to do. They’re crude, obnoxious, boastful and bullying. They are the opposite of classy. And when they go public with something other than money talk or reality television, it gives the more obvious crazies a measure of validation
grafxmail7

WOW!!! THIS IS WHAT YOU WACK JOB RIGHTIES LOOK LIKE!!!

http://www.youtube.com/watch?v=77rtyQf6Hwk&feature=player_embedded

HAHAAHAHAHAHAHAHAAH!!!! F&@KING HILARIOUS!!!
OxyCon

Who could have predicted that the same media who promoted, defended and coddled Obama would dig up as much dirt as they could find on his challengers!
So far the media has spent 100% more effort on vetting Donald Trump (who has no chance) then they have ever spent vetting Obama.
murf

Eli= TRRK a variation off his other puppet ‘ iris ‘ .
Barack Must Go

Well if that’s all a jelous guy like Spitzer could allegedly come up with I would say Trump’s in pretty good shape.

I’m sure Spitzer stillhas half a Viagra induced hard on for The Donald because, not fr lack of trying, he was never able to lay a finger on him back in N.Y.

There’s also the matter of Elliot the narcissist having to pay10 grand for 2 hours with a woman 1/3 as hot as any one of Trump’s wives or the many woman that threw themselves at Donald over the years for nothing ( well maybe a bracelet or necklace ).
http://www.zazzle.com/talkingpoints NORBIT Jr.

roxsteady said:
Sorry sweatheart but, Obama’s kicking Trumps ass in the polls by a 13 points! Prepare for 4 MORE YEARS! YEAH!By the way if you’re interested in the kind of rubes and toothless banjo players who would vote for Trump, check out these yokels! I’m sure you’ll see yourselves or your family members in this video! Oh, and let’s cut the “Liberal Media” bullshit. They didn’t vote for Obama. We did and we’ll do it again. The so called Liberal Media are the same idiots who called Paul Ryan’s plan courageous until Obama pointed out it’s flaws and wiped the floor with Eddie Munster to his face! And you can stop trying to blame Obama for high gas prices. It’s the speculators on Wall Street and you’d know that if you pulled your head from your ass and checked out the facts. http://crooksandliars.com/karoli/their-own-words-tea-partiers-talk-election-

With all the Love for the LIAR-IN-CHIEF shown here brings home the old addage: An INDOCTRINATED Mind is aterrible thing to waste!
lol!

This BUM in the WH is soooooo One Term; people can’t wait to vote this Phony Marxist, and his Free-Loading Tax-Payer Supported acolytes out of office.

No reasoned person even listens to the LIES of this scab in the Oval office anymore – except, of course, his Bastard Broods of parasitic supporters.
grafxmail7

OxyCon said:
Who could have predicted that the same media who promoted, defended and coddled Obama would dig up as much dirt as they could find on his challengers!
So far the media has spent 100% more effort on vetting Donald Trump (who has no chance) then they have ever spent vetting Obama.

GET OUTTA HERE WITH YOUR SENILE STATEMENTS!!! IT’S LIKE YOU’RE DELUSIONAL!!!

40+ YEARS AS A DEMOCRAT AND LOOK WHAT YOU’VE TURNED INTO!!!!

REALLY, HOW OLD ARE YOU??? WERE YOU JUST A DEMOCRAT BECAUSE YOU WERE IN A UNION OR SOMETHING AND THEN WHEN YOU GOT OLD YOU BECAME STUPID? WHAT’S YOUR STORY?
Colorado_Conservative

There has never been a politician that lies more than Obama….and the media has such a slobbering love affair with him that they help him get away with it…they protect our immature and incompetent community organizer.
http://www.snowspot.net Snowspot

Colorado_Conservative said:
There has never been a politician that lies more than Obama…

lol how would you know? you suddenly think you’re being told things? lol… you don’t know any secret info, you just hear what conservatives on TV think.
http://www.facebook.com/people/Joseph-Glackin/100000892011713 Joseph Glackin

Colorado_Conservative said:
There has never been a politician that lies more than Obama….and the media has such a slobbering love affair with him that they help him get away with it…they protect our immature and incompetent community organizer.

CooCoo, you are either too young to vote or have spent your life next rock to those guys in the GEICO commercial.

The last truly honest Rep. POTUS was DDE. RMN, need I say more? Ford? The Pardon, the WIN buttons, swine flu? You had to be there.
RWR?, 666?, The sign of the beast? His own VP called his plan “Voodoo Economics”.
GHWB (a/k/a George II)? “Out of the loop” (his words) as VP. Invades Panama to arrest Noriega, WHO USED TO BE ON HIS PAYROLL! “Desert Storm”, but let Saddam slaughter the Shi’ites.
GWB (a/k/a George III)? 9/11, Iraq, Afghanistan, Katrina, the housing bubble, Wall Street bailout.
That is the 50 cent tour. A full run would take weeks.
http://www.facebook.com/people/Jay-Ray/100000280184693 Jay Ray

NEW !!! There is a new handbook just published that is a must read:
“THE OBAMA BIRTH CERTIFICATE QUESTION – Answers To The 15 Most Important Questions That All Americans Need To Know Now”. In this handbook the reader will find detailed answers to the 15 most important questions about the Obama Birth Certificate issue! The most critical questions concerning the eligibility of Barack Obama as President are answered. It is a must read for all Americas, no matter what party you are affiliated with.

The book’s web site is: http://obamabirthcertificatequestion.wordpress.com

You can buy it at the Createspace eStore: https://www.createspace.com/3593906

Also at Amazon:
http://www.amazon.com/Obama-Birth-Certificate-Question/dp/1461077109/ref=sr_1_2?ie=UTF8&s=books&qid=1303321755&sr=1-2
http://www.facebook.com/people/Joseph-Glackin/100000892011713 Joseph Glackin

BTW, Donald;
“I’m no different than a politician.” Is NOT a BRILLIANT campaign slogan.
fill32162

He was put off the Board in his only Public Company > he is a Pop Culture Diva Rosie on the Right living on Daddy’d money.
TrollJuice

Jay Ray says:
April 22, 2011 at 3:00 pm Jay Ray(Quote)
Thumb up 0 Thumb down 1

=======

You are trying to sell you f’in book?
Garth

Yup, and Trump is no different than a bagger.
Alice67

Donald Trump EXCUSE ME!
EXCUSE ME!
EXCUSE ME!

Donald Trump EXCUSE ME!
EXCUSE ME!
EXCUSE ME!

Donald Trump EXCUSE ME!
EXCUSE ME!
EXCUSE ME!
Fuzzytoes

I was teasing a friend today who is a devout republican. I asked if he was ready for a Palin / Trump presidential ticket. he responded no matter how much he dislikes the democrates and Obama he would vote for Obama.
Go figure.

When are the republicans going to find a decent candidate?

Poor Mr. Trump sounds like he needs a bailout or some stimulus money
so he can truely be rich.

Oh while I’m here I gotta say McCain seems to have forgot while he is over seas spouting off at the mout that “Loose Lips Sink Ships.”
Michael_T

Norbit Jr. writes:

President takes office …………….. Gas @ $1.83 gal.

Today………………………………………………. @ $3.95 gal.

CAN YOU AFFORD FOUR MORE YEARS?

+++++++++++++++++++++++++++++++

President takes office …………….. Dow Jones @ 8600.

Today………………………………Dow Jones @ 12,500.

You win some and you lose some.
black and WHITE

Michael_T said:
Norbit Jr. writes:

President takes office …………….. Gas @ $1.83 gal.

Today………………………………………………. @ $3.95 gal.

CAN YOU AFFORD FOUR MORE YEARS?

+++++++++++++++++++++++++++++++

President takes office …………….. Dow Jones @ 8600.

Today………………………………Dow Jones @ 12,500.

You win some and you lose some.

Though both examples are used here as propaganda props by oppsing sides neither on has very much, if anything at all to do with who happens to be living in our White House at the time. Funny isn’t it?
THE MAN

there are…DUH…57 states … DUH … and one more on the way ….. SHUT UP OBAMA YOU ARE MAKING THE ENTIRE FREE WORLD LOOK AS STUPID AS YOU SOUND .
THE MAN

Michael_T said:
Norbit Jr. writes:

President takes office …………….. Gas @ $1.83 gal.

Today………………………………………………. @ $3.95 gal.

CAN YOU AFFORD FOUR MORE YEARS?

+++++++++++++++++++++++++++++++

President takes office …………….. Dow Jones @ 8600.

Today………………………………Dow Jones @ 12,500.

You win some and you lose some.

the Dow is being propped up with monopoly money . it takes more fake dollars to buy a gallon of gas than real dollars . every quantative easing dollar printed is a fake dollar .